Welcome to this beautifully updated all-brick 3-bedroom, 2-bath home, ideally located just 12 minutes from the Toyota Megasite in the desirable Level Cross area of Randleman. Nestled on a quiet cul-de-sac in a well-established neighborhood, this property offers modern luxury, smart-home convenience, and exceptional outdoor space. Inside, you'll find luxury vinyl tile and ceramic tile flooring throughout. no carpet anywhere. The fully remodeled custom main bathroom (2025) showcases high-end finishes, including a solid wood vanity with marble countertop and backsplash, a jetted and heated soaking tub, and a stunning porcelain marble-tiled shower with matching floor tile. The spa-inspired bathroom also features a premium bidet toilet with automatic flush, heated adjustable seat and water temperature, dryer, UV sanitation light, self-cleaning function, automatic lid, and remote control. Both bathrooms are thoughtfully designed with Bluetooth-enabled speakers and lighted vanity mirror cabinets offering glass shelving, generous storage, and multiple lighting and feature settings. This home is packed with smart technology, including Alexa-controlled light switches, a smart thermostat that allows remote temperature control and displays indoor and outdoor temperature and humidity, fingerprint/keypad/RFID entry on all three exterior doors, and a front doorbell camera. Ceiling fans are installed in every room for year-round comfort. The kitchen is equipped with all-new Samsung appliances, including a double oven with a flat cooktop, a single-basin stainless steel sink, and a garbage disposal, perfect for both everyday living and entertaining. Outdoor living is just as impressive, featuring a gated front porch ideal for relaxing, as well as a back patio perfect for grilling, entertaining, or enjoying the expansive backyard. The front yard is beautifully landscaped with mature azalea bushes and low-maintenance rubber mulch, offering year-round curb appeal. Additional highlights include a custom-designed solid wrought iron front door with an operable screened window, modern zebra blinds throughout, and remote-controlled programmable zebra blinds in the primary bedroom. The insulated, high-end garage door features windows and keypad entry, and the garage boasts an epoxy-coated floor. Currently used as a spare bedroom, the garage includes a dedicated heating and air unit that can convey, along with attic access offering ample storage space. Pet lovers will appreciate the thoughtfully designed setup: a lockable PlexiDor dog door with shatter-resistant dual-thermo pane panels in the back door leads to the fenced backyard, minimizing energy loss while accommodating dogs of all sizes. The pet door to the garage and the exterior garage door are both equipped with programmable microchip-enabled SureFlap smart pet doors for small pets. The expansive one-acre lot features a large front yard and an impressive fenced backyard, a true dog lovers dream. The backyard is currently rented by the hour as a private dog park through Sniffspot (the Airbnb for dog parks), offering income potential for buyers who wish to continue the service. Two storage buildings convey, one of which was purchased in 2024 and is still under a 10-year warranty. This building is prewired with outlets and lighting and includes overhead storage and a built-in workbench. A 30-year architectural shingle roof in excellent condition completes this exceptional property. Combining luxury upgrades, smart-home functionality, and unique income potential, this home truly stands out.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
